Asset Management

Our aim in wealth management is to maintain and increase clients’ wealth, taking into particular consideration the clients’ needs and requirements. The impact of inflation on investments is often underestimated; the purchasing power of 10 million Euros in 1990 was only 5.88 million Euros by the end of 2010 (source: Eurostat).

In our opinion, standardised offers of wealth management with fixed asset allocations according to pre-set risk categories are not an attractive option. Successful investors use a logical investment philosophy for their asset allocation, timing of the financial markets and their selection of individual investments. Carefully selected individual investments and pro-active management can result in attractive returns on capital.

We have found that successful portfolio management of assets not only protects against inflation, but also ensures a regular income and achieves above average returns.

ASSET MANAGEMENT MANDATES

We take on mandates with varying orientations and are able to work on a discretionary basis, if desired with a performance related fee structure.

INVESTMENT FUNDS

The TAMAC Global Managers fund is a tax transparent fund with a selection of outstanding managers of mixed funds who have proven their skills in difficult market conditions.

The TAMAC Qilin China Champions fund is a tax transparent Luxemburg SICAV fund that invests in a focussed selection of Mainland Chinese companies. The portfolio targets emerging Chinese champions, in most cases privately founded listed companies, that are about to win in the Chinese market, globalise successfully and ultimately join the global Fortune 500 list.

MANAGEMENT OF LARGE OR CONTROL HOLDINGS IN INDIVIDUAL SHARES

Large single stock positions can add considerable returns to a portfolio, but at the same time can present a correspondingly high single risk. In such cases there are a number of strategies that can improve the risk profile of the portfolio. We also help with any administrative or legal requirements for such shares, for example registering the shares for public trading, lock up regulations and blackout periods.

LIQUIDITY OF ASSETS

A substantial amount of clients’ assets are often held in illiquid investments such as stakes in private corporations or in large concentrated share positions. Should the liquidity of a client be too low, we can help create extra liquidity through special financial management techniques.

CONSOLIDATED REPORTING

Our monthly reports show the structure and details of the clients’ assets and liabilities and creates a clear picture of their total wealth. The report also incorporates all capital inflows and outflows, as well as performance evaluations of individual asset management mandates. The consolidated report provides a risk management tool and is a useful means to make important decisions related to investments as well as financial, tax and estate planning. Last but not least it relieves our clients of administrative tasks.